Monday, March 7, 2016

Arab days of shame (MUST READ!)

by Ghassan Kadi
The Gulf Cooperation Council (GCC) has finally had it its way. A meeting held last month of GCC and other Arab Foreign Ministers has condemned Iran for the attack on the Saudi Embassy incident, and the Lebanese Foreign Minister Basil; from the 8th of March Coalition pro-Hezbollah camp, abstained from voting. As a result, Lebanon was punished by Saudi Arabia as the latter decided to renege on the $4bn aid promise to the Lebanese Army and Internal Security.

Sunday, March 6, 2016

Ogoni protest military invasion

Chukwudi Akasike, Port Harcourt

HUNDREDS of Ogoni people took to the streets on Saturday to protest against the invasion of Gokana and Khana Local Government Areas by the military.

The protesters, who carried white caskets, expressed their sadness over the invasion of Yeghe community in Gokana by soldiers, maintained that the action of the military was politically motivated.

They added that some indigenes of the area lost their lives during the raid that lasted for two days.


‘Many Muslim leaders unknowingly support terrorism’

Nasrul-lahi-l Fatih Society says the silence of many Islamic leaders on terrorist activities in some parts of the country is a way of supporting the perpetrators unintentionally.

The group noted that the failure of the leaders to openly condemn killings of innocent people by Boko Haram under the guise of propagating Islam, was responsible for the negative impression some people had of the religion.

The NASFAT President, Mr. Kamil Bolarinwa, who spoke in Lagos on Saturday during a world press conference to mark the association’s 21 years of existence, urged massive campaign against terrorism and public enlightenment on peace, love and unity.

Week twenty-one of the Russian military intervention in Syria: the calm before the storm?

The ceasefire in Syria (which is not really a ceasefire, but rather a “focusing of combat operations”) is holding surprisingly well. This is primarily due to the brilliant tactic of forcing each fighting group in Syria to define itself either as a “good moderate”, and be guaranteed safety, or as as en “evil terrorist” and become an indisputably legitimate target which anybody can engage. De jure, the only ones who can legally engage anybody in Syria are only the Russians and the Syrians, everybody else, including the US-led coalition, is present there in total illegality, but de facto the latest agreement also acknowledges the right of all parties to engage the “evil terrorists”. 

Iran Sentences Billionaire Tycoon to Death for Corruption

Babak Zanjani, one of the richest people in Iran, has been sentenced to death after a trial in which he was accused of fraudulently pocketing $2.8 billion.


 An Iranian court sentenced three people, including Babak Zanjani, one of the country's richest people, to death, on corruption charges, local media reported Sunday.
In December 2013, Zanjani was detained on a charge of corruption, as he withheld more than $2 billion, while assisting the sanctioned Iranian government to sell its oil despite the international restrictions.

Man sets himself on fire after fight with partner (photos)


In a video taken in Kentucky and uploaded to liveleak,  a man was seen in flames after he doused himself in gasoline and set himself on fire following a domestic dispute. Lexington Fire fighter Major Joe Madden raced towards the man and helped pit out the flames, sustaining burn injuries in the process. See more photos after the cut...


Major Madden was off duty and was driving past the scene when he spotted the human fireball.
Lexington Police said the man, who has not been named, had just had a major fight with his significant other.The man was taken to hospital with 'life threatening injuries'. The mayor of Lexington tweeted to congratulate Madden on his bravery.

Lagos school girls kidnappers evade police, move girls to another location

About 15 gunmen, on Monday at 8pm, scaled the low fence of Babington Macaulay Junior Seminary School, Ikorodu, Lagos, stormed a classroom where some pupils were studying for examinations and abducted three of them.

Indications emerged on Saturday that the kidnappers of the three female pupils have relocated them.

SUNDAY PUNCH gathered from a reliable police source that activities of the kidnappers, which were hitherto felt around the creeks in Epe and Ikorodu areas of the state, had ceased, suggesting that
the bandits had relocated their captors to another location.

Saturday, March 5, 2016

Game-Changer: What May Be Russia's 'Secret Weapon' in Syria?

Having deployed its most silent and advanced submarines off the Syrian coast, Russia is raising the stakes in the power game it is playing in the Middle East, Observer reported.

Moscow may engage its "secret weapon" in Syria and the West will not be able to take the challenge, Observer reported. Earlier, commander of the Russian Black Sea Fleet Adm. Alexander Vitko said Russia’s newest submarine armed with Kalibr missiles will be deployed as part of the Syrian operation.

Merchant vows to take Kano lawmaker to Sharia Court

Ike Mowete

A lawmaker at the Kano State Assembly, representing Warawa constituency has been accused of owing a tyre merchant N404,000 for the past 27 months.
According to the tyre merchant, the lawmaker approached him and procured some tyres, totalling N1, 222.000.
The lawmaker made his initial procurement, dated February 13, 2013, at the end of which he made part payment of N278,000, with outstanding balance of N944,000, the merchant said.
Also, on March 15, 2013 the law maker made additional payment of N250, 000 out of the principal cost, bringing his balance to N694,000.

DSS arrests gun fabricator for Boko Haram

By: Olusola Fabiyi, Abuja
The Department of State Services said on Saturday that it had arrested one Garba Abubakar, who it claimed was a gun fabricator for Boko Haram.

It said that Abubakar was arrested in Jos, Plateau State, during a special tactical operation by the Service.

A statement issued by the department’s spokesman Tony Opuiyo, said that the arrest was in line with the Service’s statutory mandate, and avowed commitment to national security.

Ogun police debunk Yoruba, Hausa clash

The Ogun State Police Command has debunked the rumour making the round on Saturday,that there was violence between the Yoruba and Hausa community in Ogere area of the state.

In a statement issued by the Command’s Police Public Relations Officer‎, Muyiwa Adejobi, he described the news as baseless and untrue.

The statement read,”‎ The attention of the Ogun State police command has been drawn to a rumour in circulation that there is an ethnic clash between Yoruba and Hausa in Ogere,Ogun State.


Clearing Agents Disguise N222m Drugs As Hair Extension, Foodstuff (photo)

Kunle Falayi
The operatives of the National Drug Law Enforcement Agency at the Murtala Muhammed International Airport, Lagos, have seized a drug haul worth N222m and arrested two clearing agents who allegedly disguised the drugs as artificial hair and foodstuffs.

According to a statement by NDLEA spokesperson, Mr. Mitchell Ofoyeju, the drugs – 24.7kg of methamphetamine disguised as artificial hair, 2.810kg of cocaine concealed in foodstuff and 27.250kg of diazepam – were about to be smuggled out of the country when they were discovered.

Sokoto state commissioner who died yesterday at age 42 has been buried


Sokoto State Commissioner for Science & Technology, Nasir Zarummai who passed away yesterday Friday March 4th, has been buried. Zarummai died at Usmanu Danfodio University Teaching Hospital after a brief illness. He was just 2 years old.
Sun re..
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Graphic Photo: Housewife bathes husband with hot water for denying her s3x

An aggrieved housewife, Awele Nwani, 35, allegedly bathed her husband, Frank Nwani, with hot water, claiming that her hubby denied her sex for three weeks.  The incident happened in Ibusa, Oshimili South Local Government Area of Delta State.


The mother of six children, now on the run, also alleged that her husband had been having sexual affairs outside and threatened to make life unbearable for him.
But the victim (husband) dismissed her wife’s claim as untrue, saying his wife had been sleeping around. He said:

Why We are Attacking Agatu - Fulani Herdsmen

Many were killed and houses razed to the ground when suspected Fulani herdsmen attacked villages in Agatu Local Government Area of Benue State last week. A clearer picture of why that attack happened emerged yesterday at a stakeholders meeting organized by the Inspector General Of Police, IGP, Solomon Arase.


Friday, March 4, 2016

Ukraine SITREP March 4th, 2016 by Scott

A great Russian doctor, a pure genius, Zurab Kekelidze, once said that we can’t begin every morning with the news about a war next door. If we do, we are at risk for developing posttraumatic stress disorder that may never go away. To add a little good news, humor and clean fun to our daily dose of war news, I started posting short entertaining videos of different places and corners of the biggest country in the world, Russia. If you have a moment, please, check them out.

#Ciara'sDrawer: Alesh Akeem's Father Dies (Photos)


Pics: Nigerian Student Who Gifted His Drawing Of Ciara To Her Lost Dad After

It has been confirmed that the father of Alesh Akeem, Nigerian student and artist who recently presented a portrait to award winning American singer, Ciara is dead.

Newseveryhour.com gathered that Alesh Akeem’s father Mr. Ismail Oriyomi Aleshinloye, was confirmed dead in the early hours of Tuesday 1st of March 2016 after experiencing serious difficulties in breathing.

Police divisional headquarters, Panti in Yaba on fire.

The fire started at about 1:30pm at the police station also known as State Criminal Investigation Department (CID), Panti, Yaba area of Lagos.

Eyewitness told Greennews.ng that Policemen were scaring passersby away, preventing them from taking pictures.

Other sources claimed that the inferno has hit a Police barrack beside the station.



Emir Promised Kano Youth Cars, Houses To Capture, Convert Xtian Girls- Mrs Oruru

Irate youths almost killed me at emir’s palace – Mum

Could you tell us how your daughter disappeared from Bayelsa?

On August 12, being a Tuesday, after we took our breakfast, I went to the market, from where I went to visit one of my relations. By the time I returned home, one of my children was angry and complained that Ese, who went out in the morning had not returned and that she left the house at about 11 o’clock that fateful day. I asked him whether he beat her and he said no. I asked if they had a programme in church and he said no. At that point, I began to get worried and wondered where Ese must have gone.

8 Mistakes You Must Avoid While Applying For Scholarships

Applying For Scholarships can be tricky. There are currently several scholarships going on. You can check them out here.

However many students fail to get selected for scholarships, several times, why is this the case?

1. Applying when not eligible: Scholarship schemes are targeted at a specific class of students or audience (200 level students, Medical students, graduates of specified courses etc). Your application is bound to be denied if you do not belong to the desirable audience. Ensure you meet the scholarship requirements before applying.

Niger-Delta Militants Bomb Pipeline In Under Water Attack

Niger Delta Militants Bomb Pipeline In Sophisticated Under Water Attack
— 4th March 2016
A sophisticated attack on a sub-sea pipeline in Nigeria’s Delta might herald a return to the kind of widespread militant violence that crippled the oil industry in Africa’s top producer less than a decade ago.

Attacks on oil facilities have been on the rise in the swamps since President Muhammadu Buhari vowed to shake up a fraud-ridden amnesty program for rebels who stopped blowing up pipelines in 2009 in exchange for cash and generous contracts.

Lassa-fever Kills Corper Doctor, Kelechi-aaron In Kaduna

NYSC Mourns Death Of Corps Member Who Died From Lassa Fever

Dr. Ogboji Kelechi Aaron

The National Youth Service Corps (NYSC) has lamented the death of a corps member, Dr. Ogboji Kelechi Aaron, who was reportedly killed, last month, by the Lassa fever, while in active service in Kaduna State.

Graphic Photos From The Accident On Akure Highway


No fewer than 15 people were today roasted to death in an autocrach which occurred along Akure-owo road

The accident which happened around 5 occurred at Uso area of the road leaving the victims burnt beyond recognition

An eye witness reveals that the two buses loaded fully loaded with passengers colluded with a truck that is leaded with petrol

Fire started immediately and many of the victims were trapped in the accident resulting into their death

Fleeing Boko Haram Terrorists Gunned Down By Troops In Sambisa Forest. Photos


Troops of 21 Brigade Bama, under 7 Division area of operational responsibility, in a blocking position, have at the early hours of today, cleared escaping Boko Haram terrorists that came through Sabsawa axis of Sambisa forest. The troops also recovered a Toyota Hilux, 2 AK-47 rifles with registration numbers 58006915 and KO 35839, as well as 37 rounds of 12.7mm metal linked ammunition. Unfortunately, one officer sustained injury during the encounter. He is however in a stable condition.

FG, EFCC Didn’t Disobey Court Order, Judge Tells Dasuki

Another judge of a Federal Capital Territory High Court in Maitama, Abuja, Justice Peter Affen, on Friday ruled that the continued detention of the immediate past National Security Adviser, Col. Sambo Dasuki (retd.), did not violate his order granting the ex-NSA bail on December 21, 2015.

The judge dismissed the application by Dasuki seeking to stop his trial for alleged diversion of N19bn arms funds on the grounds that his re-arrest on December 29, 2015 violated the order of the court granting him bail.

Justice Affen ruled that the application lacked merit and ordered that the trial of the ex-NSA, who was charged along with others, must continue.

Naira Speculators Stash Idle $20bn In Banks


Ripples Nigeria is reporting that the Central Bank of Nigeria (CBN) has revealed that a few individuals are keeping about $20bn idle in domiciliary accounts in hopes that the value of the naira will further drop against the U.S dollar.......Read more -

MTN Communications sets aside $600m to settle dispute with Nigerian govt

South African Mobile Telecommunications company MTN say they have set aside $600m to settle its dispute with the Nigerian government. The company announced on Thursday a surprise 5.2 percent increase in its dividend to 1,310 cents per share, posting a 50 percent drop in Annual profits and said while it has had a challenging year, it has set aside $600m to pay the Federal government after the company was issued a $3.9b fine for not ending sim card registration at the Nigerian Communications Commission stipulated time. Last week MTN made a 'good faith payment' of $250m towards reaching an amicable settlement after the telecommunications giant withdrew a court case challenging the FG's $3.9b fine.

Thursday, March 3, 2016

Hillary’s Secret Letter and the Whole Matter of Endless War and the Almost Complete Corruption of America’s Government (UPDATED!)

Foreword by the Saker: to be honest, I have not been following the latest presidential race in the USA.  Simply put, I have long lost any hope to see any change come from any election in the USA.  Changing the puppet makes no difference as long as the puppeteer remains the same one.  Still, I think that there are at least two main puppeteers in the USA: what I call the “Old Anglo” guard and the Neocons.  And while these two agree on a lot, there are some real differences between them.

“Russia’s Foreign Policy: Historical Background”

by Sergei Lavrov

International relations have entered a very difficult period, and Russia once again finds itself at the crossroads of key trends that determine the vector of future global development.

Many different opinions have been expressed in this connection including the fear that we have a distorted view of the international situation and Russia’s international standing. I perceive this as an echo of the eternal dispute between pro-Western liberals and the advocates of Russia’s unique path. There are also those, both in Russia and outside of it, who believe that Russia is doomed to drag behind, trying to catch up with the West and forced to bend to other players’ rules, and hence will be unable to claim its rightful place in international affairs. I’d like to use this opportunity to express some of my views and to back them with examples from history and historical parallels.

How Suswam Instructed Me To Sell Benue Shares – Witness


Aluyi Victor, Portfolio Manager of Elixir Investment Partners Limited, a brokerage firm, testifying at the on-going trial of a former governor of Benue State, Gabriel Suswam, and his Commissioner of Finance, Omadachi Okolobia, on March 2, 2016 told Justice A. R. Mohammed of the Federal High Court, Abuja, that the company was given oral instruction to sell shares belonging to the state.

According to him, sales of the Benue State-owned shares yielded N9,411,078,000.61.

Senate Moves To Enforce Patronage Of Local Goods

The Senate
THE Senate, Wednesday adopted a motion seeking the amendment of the Procurement Act to compel all government agencies and institutions to give maximum priority to patronising locally made products.
Adopting a two prayer motion moved by Senator Eyinnaya Abaribe (PDP Abia South) titled “Need For Patronisation of Made-in-Nigeria Goods,” the Senate urged the Federal Government to initiate and implement the first option policy on purchase of locally manufactured goods for any government procurement in all arms of government and every public funded organisation.

Saraki Formally Replies Obasanjo, Promises To Cut Waste, Fight Corruption

President of the Senate, Dr Bukola Saraki, has formally replied a letter ex-President Olusegun Obasanjo wrote to the National Assembly on January 13, accusing the country’s federal lawmakers of corruption, greed, lawlessness and impunity.
This came barely days after the Senate President took delivery of exotic cars for the Senate.

In his reply, dated January 29, Saraki responded to Obasanjo’s concern, saying the 8th National Assembly under his leadership was already taking deliberate steps to strengthen the country’s democratic institutions and ensure prudent management of resources.

Ibori To Complete Jail Term In Nigeria

Nigerians serving jail terms in the United Kingdom will soon be transferred to Nigeria to complete their period, following an agreement signed yesterday between the Federal Government and the UK government.

According to a top government source, former Governor of Delta State, James Ibori, will be part of those that will be repatriated to complete their jail term in Nigeria.

Ibori still has more than six months to stay in prison.

Army Rescues 17-Year-Old Girl Kidnapped By Boko Haram In 2014 In Borno (Pic)


Yusuf Gulumbo Muhammed shared this photo of a girl identified as Farida who was abducted by Boko Haram terrorists in 2014. The 17-year-old girl from Kebbi State was rescued by the Nigerian Army three days ago during a clearance operation in the Lake Chad basin area of Gamboru Ngala LGA, Borno State. What he wrote below:

EFCC Unveils Criminal Conspiracy With Corrupt Judges

Chain Of Fraud: EFCC Unveils Criminal Conspiracy Between Corrupt Judges And Lawyer Rickey Tarfa

The Economic and Financial Crimes Commission (EFCC) today in Lagos unveiled a criminal network of collaboration and illicit transfer of funds between Justice H. A. Nganjiwa and Justice M.N. Yunusa, saying that abundant evidence is available as to how the judiciary chieftains obtained and transferred huge sums of money between them.

The startling revelations are contained in a court counter-affidavit by EFCC Special Task Force (STF) member Moses Awolusi in response to an earlier affidavit by Mohammed Awwal Yunusa in the twisting and turning case against senior Lagos lawyer Rickey Tarfa, who is alleged to have bribed Justice M.N. Yunusa with N225,000 to pervert the course of justice.

Troops Invade Boko-Haram Arms Factory In Borno (PICS)


Troops of 7 Division Strike Group Team B on clearance operations of the remnants of Boko Haram terrorists at Kumshe in Bama Local Government Area of Borno State. -made startling discoveries of Improvised Explosive Device (IED) making factory, rockets and high claibre ammunitions. Below are photographs of some of the recoveries.

NJC Heavily Slams Judge Ofili-ajumogobia, Terminates Promotion Prospects

The National Judicial Council (NJC), chaired by Hon. Justice Mahmud Mohammed has come down with a heavy disciplinary gavel on Justice Rita Ofili-Ajumogobia of the Federal High Court, warning her and putting her on the “Watch-List” of the Council for the next four years.


The judge will also not be considered for any elevation to the Court of Appeal or any Ad-hoc Judicial appointment until she retires from the Bench.

Nigerian Army Demotes Enitan Ransome-Kuti, Late Fela’s Nephew

Quashes prison sentence
Senator Iroegbu in Abuja
The Army Council has commuted the dismissal of Brig-Gen. Enitan Ransome-Kuti to a demotion to the rank of colonel with four years seniority.

It also quashed his six months imprisonment with immediate effect from October 15, 2015.
This decision was contained in a circular obtained by THISDAY wednesday dated March 1, 2016 and signed by Col. O. N. Taiwo on behalf of the Chief of Army Staff (COAS).

Man Beheads Step-Mother In Benue For Ritual (Graphic Photo)


There was tragedy recently in Obaganya, a settlement in Otukpo Local Government Area of Benue State, during the weekend after one Echeno Adakole, beheaded his 50-year-old step-mother, Titi Enokela, allegedly for ritual purposes.
It was gathered that the suspected allegedly trailed his victim to the farm and cut off her head.

Ayade Begging To Join APC — Chieftain

Acting Chairman of the All Progressives Congress (APC) in Cross River State, John Ochala, has said that Governor Ben Ayade has been speaking with key APC stalwarts in the state and at national level to clear way for him to leave the PDP and join them. Speaking with the Daily Trust yesterday at the party’s secretariat in Calabar, Ochala said, “I can confirm authoritatively that Gov. Ayade has spoken with us more than five times about his intention to decamp from PDP to APC.

Foreign Policy Diary – Dutch EU-Ukraine Association Agreement Referendum

Wednesday, March 2, 2016

TUC Threatens Mass Action Over Fuel Scarcity

The Trade Union Congress of Nigeria (TUC) yesterday threatened to embark on mass protests if the lingering fuel scarcity is not checked by the federal government.
President of the Congress, Comrade Bala Kaigama and the Acting Secretary-General, Simeso Amachree, said in a statement that the TUC may be compelled to take the action in view of the ongoing dislocation of fuel supplies in the country.

Nigeria’s Reserves Rise For 4 Days In A Row.

It is good news again from the Central Bank of Nigeria (CBN) with the rise of foreign reserves for four days consecutively – the first of such since President Muhammadu Buhari took office.
The reserves, which rose by $13 million on Tuesday February 22, have continued to blossom its way out of the 11-year low positions.
The consecutive rise started on Thursday February 24, from $27.804 billion to $27.823 billion as at February 29, surging gradually through the days in-between.

N2bn Fraud: Twist As Judge Returns Oronsaye’s Case File

The N2bn fraud case involving a former Head of Service, HoS, to the Federation, Stephen Oronsaye, would have to start de novo as the presiding judge, Justice J. T. Tsoho, has said he has been “instructed” to return the case file to Justice Gabriel Kolawole, who was initially assigned the case in July 2015.

Oronsaye is being prosecuted at the Federal High Court, Abuja, by the Economic and Financial Crimes Commission, EFCC, on offences bordering on stealing and obtaining money by false pretence. He is alleged to have been complicit in several contract awards during his tenure as HoS, and is being charged along with Osarenkhoe Afe on an amended 35-count charge.

Abduction Of 14- Year- Old Ese: Emir Sanusi Must Be Held Accountable, Fani- Kayode

ABUJA- FORMER Spokesperson to ex- President Goodluck Jonathan’s Campaign Organisation, Chief Femi Fani- Kayode said yesterday that if what Mrs Rose Oruru, the mother of the kidnapped 14- year- old girl, Ese Oruru about the Emir of Kano, Alhaji Muhammadu Sanusi 11 that he ordered for her kidnap was true, the emir must be held accountable.

In a statement yesterday by Fani- Kayode, he said, “I just watched an AIT video on You tube in which 14 year old Ese Oruru’s mother claimed that her daughters abductors said that it was the Emir of Kano himself that ordered her daughters abduction and that she was kept in his palace for over one year for his pleasure. If this is true it confirms the suspicion that the Emir is culpable.

Investment In Immunisation Can Boost Nations’ Economy, Says Okonjo Iweala

The Chairman of GAVI board, Dr. Ngozi Okonjo-Iweala, has revealed that for every dollar spent on childhood immunisation, nations will save $16 in healthcare costs, lost wages and lost productivity due to illness.

She said if governments take into account the full value people place on living longer, there would be a further increased return on investment to as much as $44.
Okonjo-Iweala who is Nigeria’s former Coordinating Minister for Economy and Minister of Finance in Nigeria, stated this during an interview with a Japanese radio station, NHK, saying with more than 30 vaccine doses administered worldwide every second, immunisation was already recognised as one of the most cost-effective health interventions.

Buhari, APC Duped On Nigerians —Fayose

Governor Ayodele Fayose of Ekiti State has claimed that President Muhammadu Buhari and his party, the All Progressives Congress (APC) duped Nigerians “by obtaining their votes by trick.”
Governor Fayose said in a statement in Ado-Ekiti on Tuesday, that “everything Buhari and his party promised Nigerians when they were looking for votes, they have denied and it won’t be a surprise if one day, Buhari comes out to even deny that he was elected on the platform of APC.”

Reps To FG: Replace 23,000 Ghost Workers With Unemployed Youths

THE House of Representatives, on Tuesday, asked the Federal Government to replace the 23,000 ghost workers recently discovered in the civil service payroll with unemployed youths.
The House’s resolution was sequel to a motion moved by Honourable Dickson Tarkighir, where he said that government should be able to engage 23,000 unemployed youths to mitigate the challenge of unemployment facing the country.

According to him, “I am not in doubt of the many curriculum vitae my colleagues have continue to collect from schooled, but jobless constituents, stressing that we will therefore, be living the essence of our stewardship if we once again show them that we care about their welfare and progress.”
Speaking further, he said “there is no task more honouring than when ghost workers were discovered, we spoke out vehemently asking that Nigerian youths, eager and willing to work are made to replace ghost workers.

No Plan To Probe Adesina’s Tenure As Agric Minister —Ogbeh

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, on Tuesday, said that the ministry has no plan to probe the administration of the former Minister for Agriculture and Rural Development, Dr Akinwumi Adesina.
This is just as the minister said that the only thing the ministry will do is to carry out a verification exercise for the payment of contractors, who supplied various farm inputs during Adesina-led administration.
Ogbeh made this known while reacting to recent publications in the national dailies which probing of Adesina-led administration was credited to him.

Nigeria Uses 80% Of Revenues To Service Debts —IDB


•Total debts stand at $60bn —Senator Sani
THE Islamic Development Bank (IDB), on Tuesday, said Nigeria ranked among the countries using the largest percentage of its revenue to service foreign debts.
Country Representative of the IDB in Nigeria, Mumammed Kiliaki, who stated this during an interaction with the Senate Committee on Local and Foreign Debts, headed by Senator Shehu Sani, said the development was responsible for the attendant bleeding of the economy.
Also on Tuesday, Senator Sani said Nigeria’s total debts stood at $60 billion.